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Senators in both parties questioned the effectiveness of U.S. border-security efforts as lawmakers begin debating a measure to revise immigration laws and create a path to citizenship for 11 million undocumented immigrants.
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President Barack Obama arrived in Mexico today with a message that ties the immigration debate in the U.S. to economic growth on both sides of the border.
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Telefonica SA, Spain’s largest phone company, agreed to sell a 40 percent stake in its Central American assets to closely held Corporacion Multi Inversiones to raise $500 million to pare debt.
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Alejandro Vega hiked five days through the Arizona desert and then toiled 10 years busing restaurant tables, building roads and cleaning manure out of horse corrals in the U.S. before his deportation in 2009.
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Coffee picker Hector Gonzalez says he feels personal pain as he watches leaves stripped off plants from a fungus infecting 70 percent of the crop on the Salvadoran farm where he works.
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The U.S. Treasury Department named Honduran Jose Miguel Handal Perez and his family as Specially Designated Narcotics Traffickers, freezing any assets they have under U.S. jurisdiction and prohibiting transactions with U.S. residents.
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Telefonica SA, Europe’s most indebted telephone company, is considering another round of asset sales to help meet its target of slashing net debt by more than 4 billion euros ($5.1 billion) this year, according to people with knowledge of the matter.
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A truce between El Salvadoran gangs that have made the Central American nation among the world’s most violent is fueling a rally in government debt as President Mauricio Funes seeks a permanent deal to end the bloodshed.
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El Salvador’s credit rating was cut by Moody’s Investors Service, which cited the Central American nation’s weak economic growth and debt ratios.
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Comision Ejecutiva Hidroelectrica del Rio Lempa, El Salvador’s state-owned utility, is planning the nation’s first utility-scale solar and wind projects to diversify its energy mix.
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